10
Mar
09:53
Steel futures steady after price correction
Chinese rebar and hot rolled coil futures have finally stabilised after increasing on Tuesday night and declining again during the day on Wednesday. Market sentiment has remained volatile during this period due to policy uncertainty and changes in global financial markets, Kallanish notes.
On 10 March on the Shanghai Futures Exchange, May 2021 rebar futures closed CNY 3/tonne lower than Monday at CNY 4,589/t ($705/t), and the same contract for HRC closed down CNY …
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Truly global, user-friendly coverage of the steel and related markets and industry that delivers the essential information quickly while delivering on most occasions just the right amount of between-the-lines comment and interpretation for a near real time news service of this kind.
Anonymous
Very good overview of the weekly steel market.
Anonymous